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Compute the NPV statistic for Project Y if the appropriate cost of capital is 10 percent. (Negative amount should be indicated by a minus sign.

Compute the NPV statistic for Project Y if the appropriate cost of capital is 10 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project Y Time: 0 1 2 3 4 Cash flow $8,500 $3,730 $4,560 $1,900 $680 NPV $ Should the project be accepted or rejected? Rejected Accepted

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